Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the nine and three months ended March 31, 2014 and 2013 are computed as follows:

 

    For the nine months ended
March 31,
  For the three months ended
March 31,
    2014
(Unaudited)
  2013
(Unaudited)
  2014
(Unaudited)
  2013
(Unaudited)
                 
Net earnings   $ 1,217,754     $ 526,881     $ 314,677     $ 249,887  
Weighted average shares outstanding     7,033,732       7,033,732       7,033,732       7,033,732  
Basic and fully diluted earnings per
share
  $ .17     $ .07     $ .04     $ .04  

 

At March 31, 2014, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.